UK Growth Boosted By Warmer Weather

Economic growth in the UK picked up in the three months to June as construction and services were lifted by the warmer weather, according to the Office for National Statistics (ONS).

The economy grew by 0.4% in the period, compared with a rate of 0.2% in the first quarter of the year.

However, the ONS added that underlying growth remained “modest”.

The ONS also said that the economy grew by 0.1% in June, down from a more robust 0.3% in the previous month.

The head of national accounts at the ONS, Rob Kent-Smith, said: “The economy picked up a little in the second quarter, with both retail sales and construction helped by the good weather and rebounding from the effects of the snow earlier in the year.

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The post UK Growth Boosted By Warmer Weather appeared first on The Global Warming Policy Forum (GWPF).

via The Global Warming Policy Forum (GWPF)

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August 11, 2018 at 05:09AM

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